Steven Finch

The court battle between APAC and major shareholder Dexus over the sale of an investor's stake in the airport operator went to a hearing this week, but it's the solicitors representing the warring parties that found themselves on trial.

A senior in-house lawyer at Dexus has rejected suggestions she was “careless” in her role in the sale of shares in Melbourne Airport operator APAC, saying she relied on a subordinate lawyer and others within the business. 

Lawyers assured two Dexus executives that it was OK to share the confidential information of Melbourne Airport operator APAC with proposed purchasers of the real estate asset manager's stake in the company, a court has heard.

The applicant in a class action against Optus over a 2022 data breach has flagged a fight over the telco giant’s bid to suppress the pleadings in the case, saying group members are entitled to know the case brought on their behalf.

The privacy watchdog has given a preliminary view that it won't investigate a class action-style complaint brought by Maurice Blackburn over a 2022 Optus data breach, citing its own proceedings, a court has heard.

The managing director of the Australian arm of property developer Arada has lost his bid to bar a vote on his termination as he and the group's CEO sling allegations of misconduct and dishonesty. 

A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn't afford.

Optus has agreed to pay a $100 million penalty in a case brought by the ACCC, admitting the watchdog's allegations that staff pressured customers into buying phones they couldn’t afford.

AUSTRAC wants Star to pay a $400 million penalty for breaching anti-money laundering and counter-terrorism financing laws, while the company claims a penalty of more than $100 million would tip it into liquidation. 

Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.